Available from 17 November 2014
Description
Information on trading China 'A' Shares
SSE Trading Session |
SSE Trading Hours |
Time allowed for input of SSE orders |
Opening Call Auction |
9:15am – 9:25am |
9:10am – 11:30am |
Continuous Auction (Morning) |
9:30am - 11:30am |
|
Continuous Auction (Afternoon) |
1:00pm – 3:00pm |
12:55pm – 3:00pm |
Trading Holidays
Customers will only be allowed to trade on days when both HKEx and SSE are open for business and banking services of both markets are open on the corresponding cash settlement days.
Trading Information
Trading Currency |
RMB |
Trading Lot |
100 units (applicable for buy and sell orders) |
Odd Lot |
Applicable for sell orders only |
Minimum Bid Size |
RMB 0.01 |
Order Type |
Limit Order only |
Settlement Currency |
Investors are allowed to settle their trades in RMB if they have a RMB account. Customers can only settle their trades using other currencies as long as those currencies are not controlled currencies |
Order Placement |
Via your designated Trading Representative |
Sale of Shares |
You are not allowed to buy shares and subsequently sell them on the same trading day. Shares bought on T day can only be sold on T+1 onwards Short selling is strictly prohibited |
Commission rate
Description |
Broker Assisted
|
Minimum Commission |
RMB 200
|
Commission Rate |
0.30%
|
Commission is subjected to prevailing Singapore GST (if applicable).
Foreign fees payable
Items |
Rate |
Charged by |
Handling Fee |
0.00696% of the consideration of a transaction per side |
SSE |
Securities Management Fee |
0.002% of the consideration of a transaction per side |
CSRC |
Transfer Fee |
0.06% on face value per side |
ChinaClear |
Stamp Duty |
0.1% of the consideration of a transaction on the seller |
SAT |
Note:
The list of commissions and charges set out above are non-exhaustive, and OSPL reserves the right to impose fees, commissions and other charges for any other services, products and/or tools offered by OSPL at such rates and in such manner as OSPL may determine from time to time. Our Standard Trading Terms and Conditions apply.
Please contact OCBC Securities at 1800 338 8688 or cs@ocbcsec.com to obtain the prevailing rate of fees, commissions and other charges payable for your transaction.
Information is correct at the time of posting on 14 Nov 2014.
Source: Hong Kong Exchange
Disclaimer
All information set out in this page is provided by third party and are for informational purposes only. OSPL makes no representations as to the accuracy, timeliness or adequacy of all such information. Neither OSPL nor the Stock Exchange of Hong Kong shall be liable for any errors or delays in the content furnished in this website, or for any actions taken in reliance thereon.
OSPL does not endorse or recommend any product or service offered or information contained on those websites or information fed by these third parties (including but not limited to stock quotes and foreign exchange rates), nor is OSPL liable for any failure of products or services offered or advertised at any of these third party websites
IMPORTANT NOTES
Trading in securities can be very risky, and you may lose all or more than the amount invested or deposited. Where necessary, please seek advice from an independent financial adviser regarding the suitability of any trade or investment product taking into account your investment objectives, financial situation or particular needs before making a commitment to trade or purchase the investment product. You should consider carefully and exercise caution in making any trading decision whether or not you have received advice from any financial adviser.